11 July 2022
Chris Scicluna
,
Emily Nicol
- Japanese machine orders fell in line with expectations in May, but remain on track for a sizeable increase in Q2
- Chinese inflation beats expectations, but remains subdued
- Euro area IP is likely to have remained subdued as supply constraints continue to hamper production; UK GDP set to have remained subdued in May
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08 July 2022
Emily Nicol
- Japanese household spending falls in May amid higher prices
- Japanese economy watchers less upbeat about conditions
- UK jobs survey suggests softest jobs growth for sixteen months
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07 July 2022
Chris Scicluna
,
Emily Nicol
- BoJ’s consumption activity index signals a solid rebound in spending on services
- The ECB account of the 9 June meeting that pre-committed to rate hikes in July and September will be scrutinised
- The minutes of the FOMC’s June meeting reaffirmed the Fed is on an aggressive path of tightening
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06 July 2022
Chris Scicluna
,
Emily Nicol
- German factory orders avoid fourth successive drop but trend still very weak; manufacturing turnover up
- Euro area retail sales figures likely to remain subdued
- Politics dominate in the UK, with a majority of Brits wanting Johnson to quit; sterling to benefit as likelihood of Johnson’s departure increases
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05 July 2022
Chris Scicluna
,
Emily Nicol
- Japanese services PMI at 3rd-best on series despite downwards revision
- French manufacturing output ends losing streak with modest uptick up in May as car output rises
- UK new car sales have worst June since 1996
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